Either it breaks the support and keeps going lower (which is bullish for precious metals) or it remains in this region for a while.
Targeting $70, stop loss @58. It seems to be trending upward for a while, its a good price for long term investors as well.
Silver breaks $19 and reaches ATH in around 4 years, next resistance level @20.7 Silver still looks cheap especially compared to gold.
Prices of Uranium equities are cheap in general, so its a good long term investment. For the medium term, im targeting 17.50 (my entry point was @10.8 but I still think 11.9 is a good price
Looks like CNCR is heading to ATH of 31.70 after moving sideways for months. Let me know your thoughts
Looking to add to my long term BTC position, @8990 if the price bounces above the first trend line or @8775 if it breaks it. It does seem that BTC will keep moving sideways for sometime due to low ADX, however, a big move after this is possible. Especially if USD breaks its long term upward trend and starts to go lower.
Average Directional Index @30, getting back into the trend.
It looks that it might hit 0.24 in the coming days for 26% gain. ADX above 25, waiting for increased volume to enter the trade
ADX over 25, and the price seems to be breaking out of trendline on the weekly chart. (Note that I am displaying the daily chart)